Wednesday, February 11, 2009

Port Charlotte First Time Home Buyers

NEWS... First-Time Home Buyer Tax Credit which could be the Opportunity of a Lifetime for Port Charlotte FL, First-Time Buyers. (First time homebuyers is defined as, "a buyer who has not owned a principal residence during the three-year period prior to the purchase.")
See more info below.....

Home Buyer Tax Credit Update

Congress is actively considering an expanded home buyer tax credit, and the Senate has approved the following improvements:


1. The tax credit amount increases to $15,000.
2. The tax credit is extended to anyone buying a principal residence.
3. The tax credit will apply to all purchases occuring within a year after the bill is signed into law.

It is a true tax credit; it does not have to be repaid. Please call your Senators and urge support for the expanded home buyer tax credit. To reach your Senators, call 1-866-924-NAHB (6242).

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